Looking to balance out your exposure to YUM? The ETFs below have the lowest correlation with YUM — they tend to move on their own, which can help reduce risk when YUM drops. The stock ideas table highlights individual companies that behave independently from YUM.
Best Diversifiers for YUM
5 ETFs have low correlation with YUM (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of -0.09, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | -0.09 | 0.12 | 0.30 | 58 | Nasdaq-100 | YUM vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.05 | 0.24 | 0.40 | 66 | S&P 500 | YUM vs SPY | |
| Vanguard S&P 500 ETF | 0.05 | 0.25 | 0.40 | 66 | S&P 500 | YUM vs VOO | |
| Vanguard Total Stock Market ETF | 0.06 | 0.25 | 0.39 | 66 | Large Cap Blend Equities | YUM vs VTI | |
| Vanguard Value ETF | 0.30 | 0.41 | 0.48 | 90 | Large Cap Value Equities | YUM vs VTV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YUM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YUM and solid risk/return profiles. The least correlated is Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of -0.21, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | -0.21 | 0.00 | 0.14 | 99 | Technology | |
| Broadcom Inc. | -0.20 | 0.00 | 0.17 | 71 | Technology | |
| Advanced Micro Devices, Inc. | -0.19 | 0.06 | 0.19 | 97 | Technology | |
| NVIDIA Corporation | -0.19 | 0.00 | 0.18 | 65 | Technology | |
| Fortinet, Inc. | -0.15 | 0.03 | 0.21 | 79 | Technology |
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